Question: how to solve A C 0 o 1 9 GAINS und LOSSES 5 Logan purchased a machine on 01/01/17 Use the following data in your

how to solve

A C 0 o 1 9 GAINS und LOSSES 5 Logan purchased a machine on 01/01/17 Use the following data in your calculations 7 COST SALVAGE VALUE 10 LFE 11 DEPRECIATION METHOD: SL 12 1 What is the depreciation amunt per year 14 What is the Accumulated Depreciation for 3 years? 15 What is the book value of the at the end of year? 14,000 3,000 5 YEARS 17 The machine was sold at the end of years for cash of 1 Did the company make a GAIN FLOSS 15 What was the AMOUNT of the gain or lo 20 21 Gener uma the dopomory Thun ====== Emmamm 22 34 25 2 20 11

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